8 ms·
What I find incredibly odd is the lack of a Microsoft board seat, considering their large ownership in OpenAI. Something does not add up.
by synaesthesisx 3y ago
What I find incredibly odd is the lack of a Microsoft board seat, considering their large ownership in OpenAI. Something does not add up.
- dragonwriter 3y agoMicrosoft has zero ownership of the entity the board controls (the OpenAI nonprofit), and a for-profit firm having seats on a nonprofit board especially if it was because they invested in a for-profit subsidiary of the nonprofit would raise serious issues of the “nonprofit” being run for purposes incompatible with its status.
- 015a 3y agoSure; but its still weird that Microsoft agreed to the deal with the board in the state that it was; not just no board seat, but three absolute outsiders, two of them extremely unqualified. We may look back on their decision to buy 49% of OpenAI as a big misstep.
- philipov 3y agoHow much did they pay for that 49% stake?
- speedylight 3y agoSomething like $10 billion.
- campbel 3y agoAlready a good investment then, even if this fundamentally changes how impactful OpenAI is going forward.
- SXX 3y agoMicrosoft got access to their IP and capitalized on it. Likely it's already brought them more than $10B they paid.
- tyre 3y agoAnd much of that money is/will be spent on Azure. That’s incredibly valuable data and return on investment
- solardev 3y agoWasn't it a Hail Mary for Microsoft? They're not doing anything else particularly earth shattering, and if this came out without them, they'd be even less relevant. If OpenAI fought this and won without them, Microsoft would have nothing to compete against Google and everyone else with. Did Microsoft have any other route to AI relevance?
- satvikpendem 3y agoSure, they could simply copy the GPT papers (as they are entirely public) and implement them inside their own products, as they are doing already with GitHub and Office. There is really no need to hang onto OpenAI's word.